Here's a snippit from a quick search on SIRI news, quoted at 8:11 this morning:

Sirius XM Holdings Inc. (NASDAQ: SIRI) is trading higher after Barron’s opined that shares could rise 50% or so to $5.50 or $6.00. The publication cited Rainier Investment Management, but also cited ISI Group showing declining content costs per subscriber and a $4.40 price target from the firm. Shares are indicated up 5% at $3.83 against a 52-week range of $2.67 to $4.18.

That is a nice surprise to start the new week on. Thanks Denco and Wolf, for pointing out the Barron's headline. It appears one must have a subscription to see the Barron's article. Is that true?

SI, Barron's let's you through their paywall once if you're referred directly from Google. Google "Sirius XM's Sweet Sound of Success" and click on the first link. If it doesn't let you through on the first try, use your browser's InPrivate Browsing or Icognito mode to hide your cookies and it will let you through. I use this trick all the time.

A gap this big is worth playing. Even if it doesn't fill all the way, they always seem to retrace. An easy $0.05-0.10 is worth jumping on.

Why are the .05-.10 gaps still worth playing? It's less than 3% with the stock price this high? In the past I've understood the 10 cent gaps being great triggers for selling and waiting for a pull back but at those times the stock was a lot less and this the gap represented a much bigger % (which is what matters in this game). Just seems like the margin for playing .10 gaps now don't produce the reward they once did. I don't do it so I'm curious, this is all just my opinions through observations of being around the forums for 4+ years. At what point does the risk of a reduced position from selling the gap outweigh the benefit of being fairly certain it will fill? Hope that makes sense haha.

Yea, my limit order filled at 3.73. Always nice to make a few G's before I head into the office. Justification for a few extra Black Friday upgrades. Normally I would ride it all the way within a penny of full fill, but I figured 3.73 would be safe since I would be away from my desk when it would likely "fill".

IKN, free money is free money. When you're flipping volume on an easy trade like this, it's well worth it. If you're doing 200 shares it's a waste of time. If you're doing 20k shares, then it's well worth it for a few minutes of my time.